Slow but steady retail sales growth

Retail Sales Monitor, March 2015: BRC-KPMG

  • UK retail sales increased by 3.2% on a like-for-like basis from March 2014, when they had decreased 1.7% on the preceding year.
  • On a total basis, sales were up 4.7%, against a 0.3% fall in March 2014. Adjusted for the BRC-Nielsen Shop Price Index deflation, total growth was 6.8%. The figures are flattered by the inclusion of Easter in March this year against April last year.
  • Total Food sales experienced their strongest growth since July 2013, helped by the Easter distortion. Growth was also strong in the home categories but subdued in the fashion ones.
  • Online sales of non-food products in the UK grew 12.3% in March versus a year earlier, when it had grown 12.8%. The Non-Food online penetration rate was 17.6%, up from 16.9% in March 2014

 

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